16384 FM 1173, Krum, TX 76249
FOR SALE
12.7 ACRES

16384 FM 1173
Krum, TX 76249

    $574,000

    Original price: $597,000
    Est. Mortgage $3,589/mo*

    $574,000

    Original price: $597,000
    Est. Mortgage $3,589/mo*
    (on 12.70 acres)

    Local Information

    Map showing home location
    © Google
    -- mins to
    Commute Destination

    Description

    IMPROVED LAND - PRICE DROP! This is a rare opportunity to secure land at a significantly reduced price — and opportunities like this don’t last long.
    If you’ve been waiting for the right time to make a move, this is it. Rare Find, 12+ beautiful acres of open and private land with utilities! Looking for the perfect place to build your dream home? Or maybe you just want space, privacy, and incredible views without the hassle of city living? This stunning Ag Exempt, 12+ acre property offers endless possibilities with no deed restrictions and no builder permits required. The property includes a 2021 modern, bright, and barely lived in mobile home on the land, giving you comfort and flexibility if you choose to build. Plus, the heavy lifting is already done with the aerobic system, underground electric, and private well with filtered water were installed in the last 3 years. This is the perfect place to live if you plan on building your dream home!
    Vast, open space with raised garden beds, breathtaking sunrises, and play set for the kids. Ultimate privacy while staying close to Denton’s thriving shopping, dining, and conveniences. No restrictions, build what you want, when you want! Ag Exempt, Fully fenced property with gate.
    Investment potential, divide and sell a few acres, or keep it all for yourself. Whether you’re ready to build your forever home, need a peaceful retreat, or want a smart investment with options, this property is a rare gem that won’t last long. Come see it for yourself.

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    A/C
    Heating & Cooling
    HOA
    None
    Price/Sqft
    No Info
    Listed
    180+ days ago

    Home Details for 16384 FM 1173

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Connected, Septic Available, Underground Utilities, Water Available
    Heating & Cooling
    Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),ElectricHas HeatingHeating Fuel: Central

    Exterior Features

    Exterior Home Features
    Exterior: Storage
    Frontage
    Road Frontage: Farm to Market Road, Private RoadRoad Surface Type: AsphaltNot on Waterfront
    Water & Sewer
    Sewer: Aerobic Septic, Septic Tank

    Days on Market

    Cumulative Days on Market: 223Days on Market: 180+

    Property Information

    Year Built
    Year Built: 2021
    Property Type / Style
    Property Type: LandProperty Subtype: Improved Land
    Property Information
    Parcel Number: R744705

    Price & Status

    Price
    List Price: $574,000
    Status Change & Dates
    Possession Timing: Close Plus 60 to 90 Days

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: KrumCommunity: None
    School Information
    Elementary School: Dodd, KrumElementary School District: Krum ISDJr High / Middle School: KrumJr High / Middle School District: Krum ISDHigh School: KrumHigh School District: Krum ISD

    Agent Information

    Listing Agent
    Listing ID: 21068236

    Community

    Not Senior Community

    HOA

    No HOA

    Lot Information

    Lot Area: 12.698 Acres

    Miscellaneous

    Mls Number: 21068236Living Area Range Units: Square FeetAttribution Contact: 972-716-3865
    Last check for updates: about 14 hours ago
    Listing courtesy of Cherie Reed 0655092, (972) 716-3865
    Funk Realty Group, LLC, 972-716-3865
    Source: NTREIS, MLS#21068236
    Also Listed on NTREIS, NTREIS, NTREIS.

    Price History for 16384 FM 1173

    DatePriceEventSource
    05/29/2026$574,000PriceChange
    NTREIS #21068236
    04/18/2026$597,000PriceChange
    NTREIS #21068236
    02/24/2026$645,000PriceChange
    NTREIS #21068236
    11/15/2025$695,000Listed For SaleNTREIS #21068236
    10/24/2025$749,000ListingRemovedNTREIS #20905038
    07/25/2025$749,000PriceChange
    NTREIS #20925086
    04/18/2025$789,000Listed For SaleNTREIS #20905038

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    Property Tax and Assessment

    Year2025
    Tax$977
    Assessment$92,951
    Home facts updated by county records

    Comparable Sales for 16384 FM 1173

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    1.63
    Lot/Land
    -
    04/22/26
    -
    -
    1.04
    Lot/Land
    -
    09/22/25
    -
    -
    1.40
    Lot/Land
    -
    03/12/26
    -
    -
    1.24
    Lot/Land
    -
    06/17/25
    -
    -
    1.37
    Lot/Land
    -
    05/07/26
    -
    -
    2.19
    Lot/Land
    -
    11/05/25
    -
    -
    2.13
    Lot/Land
    -
    07/28/25
    -
    -
    2.19
    Lot/Land
    -
    10/17/25
    -
    -
    3.42
    Lot/Land
    -
    07/29/25
    -
    -
    4.02
    Lot/Land
    -
    01/30/26
    -
    -

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    Assigned Schools

    These are the assigned schools for 16384 FM 1173.
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    What Locals Say about Krum

    At least 33 Trulia users voted on each feature.
    • 87 % Say yards are well-kept

    • 85 % Say parking is easy

    • 84 % Say kids play outside

    • 84 % Say it's dog friendly

    • 79 % Say people would walk alone at night

    • 76 % Say car is needed

    • 72 % Say there are sidewalks

    • 71 % Say there's holiday spirit

    • 70 % Say it's quiet

    • 67 % Say they plan to stay for at least 5 years

    • 57 % Say neighbors are friendly

    • 53 % Say streets are well-lit

    • 39 % Say it's walkable to restaurants

    • 33 % Say there's wildlife

    • 23 % Say there are community events

    • 16 % Say it's walkable to grocery stores

    Sourced by Trulia users. Learn more about our methodology.
    • Independence.patti
      "People are welcome to walk their dogs and have dogs of a variety of sizes. There is also a small dog "park” in this area that is not regularly used."
    • Mila S.
      "I’ve been living here going on 2 years and my only complaint is that I wish we had a dog park but otherwise it’s a lively area. Very child friendly."
    • Trulia User
      "a little crowded at school drop off/pick up times and rush hour timeframes but usually commuting on 2 lane roads isnt that bad. unless stuck behind the train. no public transportation out here. just small town living that's growing. "
    • Cherylynn B.
      "I would not suggest living here. We moved here because we wanted to get away from the city, this isn’t much better and neither are the people. Go anywhere after dark and all the drug heads are out at the dollar general across the street or the gas station. Pretty scary for a small community "
    • Net799893
      "This town is just big enough and it’s a quite place and I love how u don’t hear street noise and fights or guns it great place for family "
    • Marissamarkg
      "Family friendly, great neighbors, walking distance to schools, quiet, safe, friendly, trees lots, nice community, "
    • teresa t.
      " Nice area. neighbor hood very nice and friendly. great location for familys with children. really a good down home feel. all the neighbors are sweet. Schools are great and with in walking distance from pre k to high school. Krum police dept do drive by secerity every day and night. Parks are just a stroll away. But i have to say what I love the most about this neighbor hood is during the summer everyone cooks out and every tuesday is ice cream night witch turnes into a neighbor hood get together. Its like having a second family :) But the number one thing that I love about Krum is every Christmas the Krum fire dept comes around to every house and decorates the fire truck with lights and music. They come down with flashing lights and sirens for all the children to know. They have Santa handing out candy and taking pictures with all the children. That is one thing that you cant get anywhere else its really makes you feel special to have a cominty get together like that. I love it "

    LGBTQ Local Legal Protections

    Cherie Reed, Funk Realty Group, LLC, 972-716-3865
    Agent Phone: (972) 716-3865
    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
    16384 FM 1173, Krum, TX 76249 is a lot/land built in 2021. This property is currently available for sale and was listed by NTREIS on Nov 15, 2025. The MLS # for this home is MLS# 21068236.